• philpo@feddit.de
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    10 months ago

    Oil is not produced at maximum rate since the 70ies - which is good. (OPEC) We technically could produce much more and cheaper - but not for long.

    • R00bot@lemmy.blahaj.zone
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      10 months ago

      Yeah for the record I think it’s a good thing, but wanted to point out how the supply/demand system so often finds ways to keep screwing the consumer when demand reduces.